UnityPoint Health to cut medication costs, create it’s own

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A stay at UnityPoint Health Hospitals will, in theory, leave a smaller hole in your wallet.

This week, the hospital announced they’ve partnered with Civica RX and a dozen other hospitals across the country to start making their own medications.

In a statement, the hospital said the focus will be on hospital-specific generics.

The Chicago Tribune specified blood thinners and numbing agents.

Many of these drugs are typically in short supply, leading to higher prices.

The move to make their own medication would allow the hospital “to better control it’s costs for medications which will contribute to decreasing the overall cost of healthcare and, in turn, create savings for patients,” said Kent Lehr, Vice President of Strategy and Business Development at UnityPoint Health.

It’s not just local efforts having an impact at the pharmacy.

Thursday, Congressional Democrats introduced three bills aimed directly at reducing drug prices.

“People are struggling with chronic illnesses or diseases like diabetes,” said Sen. Cory Booker (D-NJ). “They’re priced out, cutting pills in half, putting aside medication. They’re people who are undermining their lives, their livelihoods and well-beings and putting themselves at risk. It’s unacceptable, and it’s got to stop.”

Civica RX and UnityPoint hope to begin drug production later this year.

Those drugs aren’t available to purchase, but the hospital says the production would allow them to pass savings along to the patient.

mdowling

mdowling

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